Thursday, October 31, 2013

Bankrupt solar panel firm took stimulus money, left a toxic mess, says report

The Abound Solar plant, which got $400 million in federal loan guarantees in 2010, when the Obama administration sought to use stimulus funds to promote green energy, filed for bankruptcy two years later. Now its Longmont, Colo., facility sits unoccupied, its 37,000 square feet littered with hazardous waste, broken glass and contaminated water. The Northern Colorado Business Report estimates it will cost up to $3.7 million to clean and repair the building so it can again be leased.

http://www.foxnews.com/us/2013/10/31/bankrupt-solar-panel-firm-took-stimulus-money-left-toxic-mess-says-report/

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